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Wednesday, February 17, 2016
This is going to be a big year – in fact the next three years will be pretty ‘full on’. The technical and financial market drivers we have faced up to now will be magnified by a factor of 10 as workloads and the type of work really picks up and we will do well just to keep pace with what is about to happen between now and 2018. Skills shortages, labour costs, movement of resources, modern...
Read MoreFriday, February 12, 2016
Three Tier One contractors have just walked away from major projects. Bouygues, Kier and Morgan Sindall have all said ‘thanks, but no thanks’ to significant projects for blue chip clients having decided there was no way they could get the sums to add up to a profit. Kier had 50 people on site at the Ram Quarter regeneration scheme in Wandsworth with enabling works well underway on the £170m...
Read MoreWednesday, February 10, 2016
Payment retentions are one of those necessary evils that have been a lurking shadow over construction supply chains since Victorian times. We know we will never be completely rid of them, but we are closer than ever to having them reformed so that they become a more positive force for change – and not just an underhand way for large firms to protect their profits at the expense of SMEs. There...
Read MoreThursday, January 21, 2016
In my last blog just before Christmas, I brought you up to speed with the progress we had made in my first 100 days as chief executive of the BESA.We are now about to unveil the new brand and the new strategy shaped over that period; so this seems like the right time to drill down a bit further into the detail.The start of 2016 feels like the right time for a relaunch because the industry stands...
Read MoreMonday, November 2, 2015
There was a painful irony in the emergence of two key statistics last week: Architects fees have risen to their highest level since 2000; while specialist contractors have lost out on £30m worth of retentions this year. Average hourly rates for architects are up by 7% compared with a year ago, according to The Fees Bureau, who research such things and reported that the surge in private housing...
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